What is Feather?
Founded in 2016 and headquartered in New York, New York, Feather provides a flexible furniture rental solution for both residential and commercial spaces. The company aims to offer a sustainable and adaptable alternative to traditional furniture ownership, catering to evolving consumer and business needs. This model positions Feather within the growing circular economy and flexible living sectors.
How much funding has Feather raised?
Feather has raised a total of $72M across 3 funding rounds:
Series A
$12M
Series B
$30M
Debt
$30M
Series A (2019): $12M, investors not publicly disclosed
Series B (2020): $30M led by Cobalt Capital
Debt (2020): $30M supported by Credit Suisse
Key Investors in Feather
Cobalt Capital
Cobalt Capital is a venture capital firm that likely focuses on growth-stage companies, providing strategic financial backing to scale operations.
Credit Suisse
Credit Suisse, a global financial services company, typically provides debt financing and investment banking services, indicating a significant debt facility for Feather's expansion.
What's next for Feather?
The substantial enterprise-level funding and recent strategic investment indicate a strong growth phase for Feather. This capital infusion is likely to fuel expansion into new markets, enhance technological capabilities for inventory management and customer experience, and potentially broaden its service offerings. The company's trajectory suggests a focus on scaling operations and solidifying its market position as a leader in the furniture rental industry.
See full Feather company page
